
SHFE steel rebar future contract dips
Reuters reported that Shanghai steel futures slipped on Monday after rising to near one month highs in the previous session, as investors' focus shifted back to sluggish Chinese demand after gains fed by the Federal Reserve's move last week to bolster the US economy.
The most traded rebar contract for January delivery on the Shanghai Futures Exchange dropped 0.2% to close at CNY 3,554 (USD 560) a tonne.
Source - Reuters
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